Fabian Corporation uses the weighted-average method in its process costing syste
ID: 2447895 • Letter: F
Question
Fabian Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 9,000 units in its beginning work in process inventory that were 70% complete with respect to conversion costs. An additional 90,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 87,000 units were completed in the Assembly Department and transferred to the next processing department. There were 12,000 units in the ending work in process inventory of the Assembly Department that were 20% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month?
93,000
83,100
87,000
89,400
Explanation / Answer
Answer
89,400
Equivalent Unit Unit Conversion Cost % Completed Unit Unit Completed & transferred 87000 100% 87000 Closing WIP 12000 20% 2400 Total Units 99000 Equivalent Unit 89400Related Questions
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